Capital One Bank Careers – Business Loan Advocate

Job Description:

The Business Loan Advocate is an experienced, qualified individual who is responsible for coordinating loan closings, preparing and reviewing loan documents, booking and funding loans, and ensuring all loan documents are accurately prepared in accordance with Bank policy and regulatory requirements, while providing an exceptional customer experience.

Job Responsibilities:

• Review loan documents prepared by other associates or outside counsel to ensure compliance with the Bank’s loan policy, applicable banking regulations and with any other requirements designated by the credit approval authority, and authorize the closing of such loans.
• Apply job knowledge and documentation expertise to a diverse array of lending products.
• Analyze due diligence documentation and prepare necessary lien perfection documents to protect banks security interest in pledged collateral.
• Conduct lien searches and related due diligence tasks to determine appropriate actions to resolve outstanding lien issues and deliver lien documents to designated vendors.
• Coordinate the issuance of letters of credit, including renewals and amendments.
• Assist in identifying and clearing any exceptions within the appropriate time periods.
• Accurately book and fund loans in a timely fashion.
• Prepare commercial loan documents using in-house documentation software platform (LaserPro or Word templates) for new loans, renewals, extensions and modifications.
• Interact with underwriters, relationship managers, customers, agent banks, attorneys, and insurance agents to ensure all conditions are met for closing.
• Review organizational documents, appraisals, surveys and other third party documents to ensure conformity with bank standards.

Job Requirements:

• Basic knowledge of lending processes, loan principles and terminology related to banking laws and regulations, as they pertain to loan disclosures and requirements.
• At least 3 years of experience in loan administration and documentation
• At least 3 years of banking or financial services experience
• At least 3 years of customer service experience in a consumer, mortgage, or commercial lending support role
• High School Diploma, GED or Equivalent Certification or military experience
• At least 1 year of experience in loan administration and documentation
• At least 5 years of banking and financial services experience
• At least 1 year customer service experience in a consumer, mortgage, or commercial lending support role
• Associates Degree or higher in Accounting or Finance

Job Details:

Company: Capital One

Vacancy Type: Full Time

Job Location: Plano, TX, US

Application Deadline: N/A

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